By Ralph Bivins
HOUSTON – Exxon Mobil will relocate 2,000 employees from Fairfax, Va. and Akron, Ohio, to its new 385-acre corporate campus which is under construction on the north side of Houston, the energy firm announced in a press release. Some 10,000 Exxon Mobil employees will work at the new corporate campus, about 8,000 of them relocated from other parts of Houston.
Exxon Mobil currently occupies space in about 30 office buildings around Houston, including a downtown tower at 800 Bell and about 2 million square feet in the Greenspoint area near Bush Airport. When it moves its employees to the new corporate campus, the Houston office market will be impacted.
The announcement by Exxon Mobil confirms what RealtyNewsReport has reported for over a year – the remnant of Mobil is moving from Fairfax, Va. to Houston. Employees will move to the campus in phases as the dozens of new buildings are constructed, beginning in early 2014. Full occupancy for employees is expected by 2015.
The campus is located on a 385-acre wooded site on company-owned land near the intersection of I-45 and the Hardy Toll Road, just south of The Woodlands. Several new housing communities are being constructed nearby.
Exxon Mobil spokesmen have continually denied that the headquarters of the company will be relocated from Irving, a suburb of Dallas, which has a miniscule energy industry presence compared to Houston, which is the Energy Capital of the World.
Exxon Mobil said the units being moved to Houston include include the Fairfax offices of Exxon Mobil’s Refining and Supply Co.; ExxonMobil Research and Engineering Co.; Exxon Mobil Fuels, Lubricants & Specialties Marketing Co.; the Akron-based employees of Exxon Mobil Chemical Co.; and people from Exxon Mobil Research and Engineering Co. and ExxonMobil Chemical Co. now located at the Baytown refinery complex outside of Houston.